Bitcoin search interest nears 1-year lows as BTC price slips below $55K

Bitcoin (BTC) saw a widely anticipated pullback on Oct. 13 as bulls struggled with February’s old all-time highs.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analysts unfazed by BTC’s price pullback

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing from five-month highs to briefly wick below $54,000 on Bitstamp.

After recovering to around $55,000, the pair looked choppy on Wednesday with no clear direction apparent in the short term.

For analysts,…


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